WTI: Crude Oil Steady As Investors Weigh Demand Against Supply Forces
For oil, the focus continues to be mainly on the supply side of the equation rather than demand. Although concerns over demand have come into…
Author: Admin
Massive Airbus Deals Boosts France’s CAC Index
The French blue-chip CAC index has climbed by 0.70% on Tuesday. Currently, the CAC is trading at 5298, up 0.72%. The index has improved this…
Investors Are Nervous About A Possible US Recession
Stock markets lost more than 2.5% during sell-off since the end of last week on fears that debt markets give a signal of an imminent…
Bank of America’s tech chief is skeptical on blockchain despite having the most patents for it
For half a decade, Bank of America has quietly been preparing for a future in which the world of finance migrates to the blockchain. Under…
Elliott Wave View: Nikkei Rally Likely Fails For Further Downside
Elliott Wave view is calling an end to Nikkei’s rally from December 26, 2018 low with wave X at 21884. The Index should resume the…
RBNZ Preview – Can RBNZ Maintain Neutral Stance amidst Deteriorating Outlook?
RBNZ is expected to leave the cash rate at 1.75% in March. However, as both domestic and global economic slowdown has intensified since the February…
GBP/USD Approaching Crucial Resistance Near 1.3300
Key Highlights The British Pound recovered nicely after trading towards the 1.3000 support against the US Dollar. A major bullish trend line is in place…
Bond market says not only is a recession coming, but the Fed will cut interest rates to stop it
The bond market doubled down on scary warnings Monday, signaling both a possible recession is looming and that the Fed could have to cut interest…
Middle East: The Gulf’s banks improve their Asia focus
Trade between the Middle East and Asia grows and becomes more complex, integrated and interdependent with each passing year. An estimated 45% of Middle East…
Gold Climbs to 4-Week High as Risk Apprehension Jumps
Gold has posted strong gains to kick off the week. In Monday’s North American session, the spot price for one ounce of gold is $1322.50,…
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